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QoQ Change in Preliminary Quarterly Core Personal Consumption Expenditures (PCE) in the US

Country:
USDUnited States
Importance:
★★
Data Trends
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ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
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About QoQ Change in Preliminary Quarterly Core Personal Consumption Expenditures (PCE) in the US

The preliminary quarterly core Personal Consumption Expenditures (PCE) index (quarter-over-quarter) is a measure of how much core PCE, excluding food and energy, has changed in the United States from one quarter to the next. This data is released quarterly by the Bureau of Economic Analysis (BEA) of the U.S. Department of Commerce and provides initial preliminary figures.

The quarter-over-quarter data is useful for understanding short-term fluctuations in core PCE. An increase in core PCE indicates rising inflationary pressures, which could reduce consumer purchasing power. Conversely, a decrease in core PCE suggests a risk of deflation, potentially enhancing consumer purchasing power.

This information is critical for policymakers to assess inflation trends and formulate appropriate monetary policies. It also serves as a vital resource for businesses and investors to gauge inflation trends and forecast economic conditions.

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